Research carried out by Lloyds TSB found that around 79 per cent of Britons feel sure that the pressure on those facing debt management concerns will be increased at some point during the coming year. Furthermore, with debt management pressures…
Continue reading the "Brits ‘fear another interest rate hike’" »
Figures from MoneyExpert.com show that debt management issues are still getting worse for many thousands of Britons who borrowed money to fund their holidays in 2006. In addition, around 920,000 UK consumers have only recently managed to pay off the…
Continue reading the "Debt worries ‘hurting holidaymakers’" »
However, Citizens Advice is convinced that as things stand, with a High Court battle over penalty charges set to get underway, thousands of consumers could find themselves out of pocket and facing more debt management difficulties. “Consumers desperately need clarity…
Continue reading the "Citizens Advice calls for clarity over bank charges" »
Figures from LV= show that around 15 per cent of British consumers aged under 35 would be willing to take on mortgage arrears amounting to four times their annual income. And close to seven per cent of would-be homebuyers in…
Continue reading the "Young Brits warned over mortgage debt" »
The current average amount of debt racked up by students by the time they graduate tops £13,000, but research carried out by the Association of Investment Companies (AIC) demonstrates that students tend to think they can study for a degree…
Continue reading the "University debt ‘still underestimated’" »
Howard Archer, chief UK and European economist at Global Insight, suggests that while an increase in the cost of borrowing is unlikely to be brought in by the Bank of England’s monetary policy committee (MPC) in August, the option is…
Continue reading the "Further interest rate rise ‘cannot be ruled out’" »
Figures compiled by Scottish Widows show that thousands of would-be first-time buyers in the UK are finding property purchases unaffordable and existing debts are now a major cause for concern. The latest study shows that around a third of graduates…
Continue reading the "First-time buyers ‘facing debt problems’" »
Figures compiled by Scottish Widows show that thousands of would-be first-time buyers in the UK are finding property purchases unaffordable and existing debts are now a major cause for concern. The latest study shows that around a third of graduates…
Continue reading the "Debt concerns ‘put off potential students’" »